a little concerned about what the Ag price is doing and who feels the same way?
it just went to 17.90 an ounce and the Au - Ag ratio is now 95 to 1. Like even EXCELLON is down into the 50s and have some of the best intercepts re grade
Will hold on and see what COLOMBO offers up , but we are really going to have to hit nice high grades
meanwhile see MAX of course, spoke with the IR guy and well, 2 ddrill rigs are going to drill into the URU discovery, visible chacocite for 195 m vertically 1st, offering grades between 4 and 9 % so you could have a hole of say 250m plus of 5 to 6 % Cu with an Ag credit of 2 to 3 ounses. The deposit type is rare, called KUPERSHIEFFER style and are found in the Zambian copper belt and extend into the DRC. And the biggest one is in Poland, but of lesser grade the what MAX has in NE Colombia.
Were going to buy more, minimum another 25,000 before it pops bck to the 40s again
if you are all confused about battery metals a real winner is RR because they are in Lithium, Cobalt and Nickel, the 3 biiggies and not much cheap stock avilabl but closed at 31.5 cents and the beaty of the thing is they only have 13 million shares out so we see 50 to 65 cents on this one pretty fast and spoke with the CEO yesterday and well, hes kind of smart and wont do a financing until hes at 60 cents. the sh price has gone from 17 cents to 32.5 inn the last 3 trading weeks and likley wont stop its gentle but certain rise to worst case scenario, the high 50s as they want to do a 4 million $$ financing at 50 cents eh
SEVERE ANALYSTS GROUP
Toronto/Missisauga, Ont
CANADA
and everyone pray for the Ag price this week